Common use of Policies of the Fund Clause in Contracts

Policies of the Fund. (a) The activities engaged in by the Investment Manager on behalf of the Fund shall be subject to the policies and control of the Board of Directors. (b) The selection of Subadvisers by the Investment Manager will be subject to the approval by the Board of Directors in accordance with requirements of the 1940 Act and a vote of a majority of the outstanding voting securities of the Fund unless the Fund acts in reliance on exemptive, interpretive or other relief granted by the Securities and Exchange Commission (the "SEC") from the provisions of the 1940 Act requiring such approval by security holders. (c) The Fund and the Investment Manager agree to furnish to each other current prospectuses, proxy statements, reports to members or shareholders, true and complete copies of their financial statements, and such other information with regard to their affairs as each may reasonably request. The Investment Manager will provide the Fund with records concerning the Investment Manager's activities that the Fund is required to maintain and to render regular reports to the Fund's officers and the Board of Directors concerning the Investment Manager's discharge of its responsibilities.

Policies of the Fund. (a) The activities engaged in by the Investment Manager on behalf of the Fund shall be subject to the policies and control of the Board of Directors. (b) The selection of Subadvisers by the Investment Manager will be subject to the approval by the Board of Directors in accordance with requirements of the 1940 Act and a vote of a majority of the outstanding voting securities of the Fund unless the Fund acts in reliance on exemptive, interpretive or other relief granted by the Securities and Exchange Commission (the "“SEC"”) from the provisions of the 1940 Act requiring such approval by security holders. (c) The Fund and the Investment Manager agree to furnish to each other current prospectuses, proxy statements, reports to members or shareholders, true and complete copies of their financial statements, and such other information with regard to their affairs as each may reasonably request. The Investment Manager will provide the Fund with records concerning the Investment Manager's ’s activities that the Fund is required to maintain and to render regular reports to the Fund's ’s officers and the Board of Directors concerning the Investment Manager's ’s discharge of its responsibilities.

Policies of the Fund. (a) The activities engaged in by the Investment Manager on behalf of the Fund shall be subject to the policies and control of the Board of DirectorsTrustees. (b) The selection of Subadvisers by the Investment Manager will be subject to the approval by the Board of Directors Trustees in accordance with requirements of the 1940 Act and a vote of a majority of the outstanding voting securities of the Fund unless the Fund acts in reliance on exemptive, interpretive or other relief granted by the Securities and Exchange Commission (the "“SEC"”) from the provisions of the 1940 Act requiring such approval by security holders. (c) The Fund and the Investment Manager agree to furnish to each other current prospectuses, proxy statements, reports to members or shareholders, true and complete copies of their financial statements, and such other information with regard to their affairs as each may reasonably request. The Investment Manager will provide the Fund with records concerning the Investment Manager's ’s activities that the Fund is required to maintain and to render regular reports to the Fund's ’s officers and the Board of Directors Trustees concerning the Investment Manager's ’s discharge of its responsibilities.